Benefit plan design

The CLASS Act’s impact on LTC

The Community Living Assistance Services and Supports Act begins to take effect on Jan. 1, 2011. Under the CLASS Act, which is part of the Patient Protection and Affordable Care Act, a public insurance option offering employees voluntary long-term care insurance will be an option for employees to consider.

Dan Cahn
By Dan Cahn
Senior VP
LTC Financial Partners

Limited medical plans ride the waiver

The growing number of limited medical plans that are receiving waivers from the Department of Health and Human Services for 2011 — a number that nearly quadrupled in the last couple of months, rising from 30 in September to 117 by Nov. 1 — now face some additional reporting requirements.

Benefits Think PPACA checklist for open enrollment

Like Santa, I imagine you’ll be making a list and checking it twice (20 times?) to make sure you have all your talking points in order so you can communicate effectively to employees how the Patient Protection and Affordable Care Act will affect their benefits enrollment options.

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